$BTC 2.28 Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions
Although there was a staged rebound in the early hours, we can clearly see that the upward momentum was not effectively sustained and quickly stalled at high levels. This pattern of "rising then falling back" has been repeatedly playing out recently, fundamentally reflecting a lack of bullish confidence in the market and insufficient buying support.
From the current 4-hour chart structure, the trend is very clear. After being pressured from the upper band, Bitcoin's price has been oscillating downward, showing